Altaba Performance

Altaba Inc -- USA Stock  

USD 74.23  0.13  0.17%

On a scale of 0 to 100 Altaba holds performance score of 9. The firm shows Beta (market volatility) of 0.9166 which signifies that Altaba returns are very sensitive to returns on the market. as market goes up or down, Altaba is expected to follow.. Although it is extremely important to respect Altaba Inc historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Altaba Inc technical indicators you can presently evaluate if the expected return of 0.2236% will be sustainable into the future. Please makes use of Altaba Inc Jensen Alpha, Potential Upside, Skewness, as well as the relationship between Maximum Drawdown and Semi Variance to make a quick decision on weather Altaba price patterns will revert.
 Time Horizon     30 Days    Login   to change

Altaba Inc Relative Risk vs. Return Landscape

If you would invest  7,158  in Altaba Inc on December 22, 2017 and sell it today you would earn a total of  278  from holding Altaba Inc or generate 3.88% return on investment over 30 days. Altaba Inc is currenly generating 0.2236% of daily expected returns and assumes 1.5851% risk (volatility on return distribution) over the 30 days horizon. In different words, 14% of equities are less volatile than Altaba Inc and 96% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, Altaba Inc is expected to generate 1.23 times less return on investment than the market. In addition to that, the company is 3.48 times more volatile than its market benchmark. It trades about 0.14 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.6 per unit of volatility.

Altaba Daily Price Distribution

The median price of Altaba for the period between Fri, Dec 22, 2017 and Sun, Jan 21, 2018 is 73.92 with a coefficient of variation of 3.5. The daily time series for the period is distributed with a sample standard deviation of 2.57, arithmetic mean of 73.19, and mean deviation of 2.25. The Stock received some media coverage during the period.
9 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Altaba Inc are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

Altaba Sharpe Ratio = 0.1411
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Estimated Market Risk

 1.59
  actual daily
 
 86 %
of total potential
  

Expected Return

 0.22
  actual daily
 
 4 %
of total potential
  

Risk-Adjusted Return

 0.14
  actual daily
 
 9 %
of total potential
  
Based on monthly moving average Altaba is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Altaba by adding it to a well-diversified portfolio.